The list price works out as Rs 2000 psft for 30x40, Rs 2250 psft for 60x40 and Rs 2500 psft for 50*80. I really wonder whether public will apply at such exuberant prices for that location off Magadi Road/Mysore Road segment. It'll be really interesting to see the outcome in terms of the applicant turnout.

I have two queries regarding the Kempegowda layout notification1) By when can we expect the allotment to happen as in how many years/months later 2) What if I do not want to register the allotted site due to financial constraints, would the initial amount be refunded or would I lose the initial amount.

1. Going by the History of Arkavati layout, you can not predict 100% about allotment time. But hopefull, because of favourable compensation agreement with farmers, the land acquisition related legal issues may be less. 2. I think if you don't accept allotment, even the initial deposit will be forfeited. Please confirm it elsewhere.-----------To all of you here:

The eligibility to apply : Going by the words in the eligibility clause, does it mean "house/sites allotted by any government housing boards" or owning a site/house in Bangalore in any manner will disqualify one from applying ?